Clifford Chance has laid off 20 U.S. litigation associates, citing "sluggishness" in the practice and stressing that the layoffs weren't performance-related. The cutback affects 17 associates in New York and three in Washington, D.C. Most of the recent layoffs by law firms have been in practices tied to the hard-hit market for mortgage-backed securities. But Clifford Chance's global litigation chair said the litigation layoffs were necessary largely because an uptick expected in that area had not arisen.
Clifford Chance Lays Off 20 Litigation Associates
New York Law Journal
October 15, 2008